Need to add additional Income after demand issue

if can share the details and notice I will be able to help you

For both the years, if it has a net increase in the tax liability, an updated return can be filed under section 139(8A) by paying additional tax liability. 

Plz share copy of demand notice for precise reply

For detailed discussion, you may opt for phone consultation

Please share the notice copy to guide you in detail

I've reviewed your concerns regarding the Demand Notices for AY 2021-2022 and 2022-2023. For AY 2021-2022, an updated return under Section 139(8A) seems appropriate for adjusting your capital gains and income. As for AY 2022-2023, especially with your case under scrutiny, a closer look is essential. Could you please share a copy of the demand notice? This will help us understand the specifics and ensure we provide the most accurate advice. Let's schedule a phone consultation to discuss these matters in detail and find the best solutions for your situation.

Hope you find the information helpful. You are free to contact me for further discussion.If you could spare two minutes of your time to write a review, It would be really grateful and very happy to read it.

Thank you.

Shubham Goyal

You can do all this if tax is becoming payable by filing updated return as rectification won't help.

Hope you find the information helpful, if yes do rate if 5 and provide your valuable feedback for my improvement.

Thank you.

For AY 21-22 you can file updated return before 31st Mar 24 and for AY 22-23 before 31st Mar 25 under section 139(8A) of the income tax act.

But for AY 22-23 as your case is under scrutiny, will need to review your demand notice to provide you accurate advise and further course of action.

Hope this information was useful, if yes please rate us 5 and provide your valuable feedback.